BTC has been struggling to maintain 23k and broke down to 22.8 today.
It's held up by a long tf support line @ 22.8k, and the upward trend line it has been riding.
If 22.8 is broken, most assets will probably fall.
Again, the earnings recession may bleed through all markets and halt the rally. Many are looking for 28k-30k, and usually things turn around just a little early.
Stay safe out there.
This could go either way.
It's held up by a long tf support line @ 22.8k, and the upward trend line it has been riding.
If 22.8 is broken, most assets will probably fall.
Again, the earnings recession may bleed through all markets and halt the rally. Many are looking for 28k-30k, and usually things turn around just a little early.
Stay safe out there.
This could go either way.
Note
False break out and success!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.